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30-10-2014 23:52:00 | by: Administrator | hits: 32565332 | Tags:

Egyptian fintech company MNT-Halan secures $400 million in new funding
01-02-2023 | 11:52:48
Following the completion of these investments, MNT-Halan’s valuation will exceed $1 billion.
Telecom Egypt confirms new spectrum package
31-01-2023 | 09:25:00
The company viewed this as a strategic move to support heavier traffic from a growing customer base while cost-effectively improving service speed and quality.
Orange Esport Experience 2023 edition in Abdjan
30-01-2023 | 15:33:00
Orange, a major partner of Esport in Africa and the Middle East is organizing the regional grand final of the pan-African “Orange Esport Experience” championship on January 28 and 29, 2023, in Abidjan.
Nigeria, Egypt and Kenya to be among the top 10 countries to benefit from adaptation investment, study
25-01-2023 | 10:42:00
Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to a new study by Standard Chartered.
Low-carbon investments to rise by $60b in 2023 as inflation weakens, hydrogen and CCUS spending to surge, Rystad Energy
17-01-2023 | 10:05:00
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and CCUS infrastructure, Rystad Energy research shows.
Eni discovers gas in the Eastern Mediterranean Sea offshore Egypt
17-01-2023 | 07:57:58
Eni announced a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt.
Payments firm enza group Launches to Serve African Banks and Fintechs
16-01-2023 | 07:28:00
enza will focus on providing native digital payments capabilities to service institutions that want to enable their customers to accept or make electronic payments.
Wintershall Dea discovers natural gas in East Damanhour exploration block onshore Egypt
13-01-2023 | 12:54:00
Wintershall Dea has found gas in its East Damanhour exploration block in the onshore Nile Delta, Egypt
McGraw Hill partners with Egyptian schools to advance digital learning
11-01-2023 | 12:43:42
The new agreements expand existing engagements with the institutions, which already use McGraw Hill's Inspire Science, Reveal Math, and Wonders reading programs with their students.
Shelf Drilling secures contract extension on the Trident 16 in Egypt
10-01-2023 | 08:22:19
Shelf Drilling announced it has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez offshore Egypt.
ITIDA, IT firm Pixelogic Media expand export-oriented business from Egypt
06-01-2023 | 11:54:59
Pixelogic Media signed an agreement with the Information Technology Industry Development Agency (ITIDA) to expand operations oriented to its customers outside Egypt and create over 440 new job opportunities.
Telecom Egypt and Grid Telecom to build subsea system connecting Egypt and Greece
22-12-2022 | 07:02:14
The system will connect Port Said in Egypt to Crete island--making it the shortest, lowest latency, Mediterranean path between Egypt and Europe.
African Business Roundtable organise un événement en marge de la COP27 pour les objectifs climatiques de l'Afrique
14-12-2022 | 11:20:00
À l'occasion de la 27eme Conférence des parties des Nations unies sur le changement climatique (COP27) qui s'est tenue à Sharm El Sheikh,Égypte, l'African Business Roundtable a organisé un événement parallèle le jeudi 10 novembre 2022, au pavillon nigérien.
Webb Fontaine rolls out Integrated Risk Management System in Egypt
14-12-2022 | 08:08:03
This new development will pave the way for the efficient digitalization of Customs procedures across the country.
African Business Roundtable holds event alongside COP27 for Africa's climate goals
13-12-2022 | 11:25:00
On the occasion of the 27th United Nations Conference of Parties on Climate Change (COP27) that took place in Sharm El Sheihk, Egypt, the African Business Roundtable organised a side event on Thursday, 10 November, 2022, at the Nigerian Pavilion.
Vodacom Group completes purchase of 55 per cent stake in Vodafone Egypt
13-12-2022 | 08:29:45
Vodacom expects to consolidate Vodafone Egypt into its financial statements over the remainder of the financial year.
Tanzanian bankers tap skills from Egyptian Banking Institute
09-12-2022 | 12:24:31
The pogram aims at developing the executive leadership talents and competencies as well as enriching technical knowledge for the senior executives from the African banking and financial sectors by raising the efficiency of human cadres working in these sectors.
Beko lays foundation for new $100 million home appliance plant in Egypt
09-12-2022 | 12:18:01
The manufacturing site is on the heels of fruitful discussions between the Egyptian government and Arçelik, a global household appliances manufacturer and a subsidiary of Koç Holding.
Egyptian startup Sideup raises $1.2m to grow its e-Commerce platform
05-12-2022 | 13:45:00
Sideup, the MENA region’s platform for e-Commerce services has announced the completion of a $1.2m seed round.
African Development Fund approves $13.95 million grant for Borana for Improved livelihoods program
01-12-2022 | 13:18:00
The Board of Directors of the African Development Fund has approved a $13.95 million grant to the Government of Ethiopia to implement the first phase of a livelihood improvement project for pastoralist communities in Ethiopia’s drylands.
ITIDA partners with 500 Global to amplify Egypt startup ecosystem
01-12-2022 | 13:05:00
Over a period of three years, 500 Global will deploy three separate programs that will support nearly 200 startups and around 60 accelerator managers thanks to its team of expert program managers, investors, and mentors.
Huawei and Orange Egypt commit to new energy-efficient networks
25-11-2022 | 13:00:00
The plan targets improving network energy efficiency through the increase of green power usage to replace traditional fossil fuel power.
Meta and Telecom Egypt announce the first landing of the 2Africa subsea cable in Egypt
25-11-2022 | 08:37:33
The Ras Ghareb landing is one of several taking place in the coming months as the cable will be extended to a total of 46 locations across Africa, Europe, and Asia by the completion of the project in 2024.
[Nigeria Business Week] Andrea Ayemoba: Local fintech spreads to East Africa, oil and gas find major milestone
18-11-2022 | 12:08:00
Nigeria, like other countries of the world, is going through some economically turbulent times. Inflation is on the rise (recently pegged at 21.9%) and local startups are directly impacted by financial crises on the other side of the world.
Africa Business Communities Forum: Quels seront les pays Africains plus performants sur le plan économique en 2022?
14-11-2022 | 13:30:00
Africa Business Communities s'est entretenu avec plusieurs entrepreneurs et fondateurs au cours des premiers mois de l'année, et ils ont voté pour déterminer quels pays africains seront les plus prospères en 2022.
Blnk raises $32 million to power instant inclusive consumer credit in Egypt
10-11-2022 | 11:51:00
Blnk, a fintech startup that enables instant consumer credit in Egypt, has raised $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance.
Radisson Hotel Group continues to strengthen its presence in Africa
07-11-2022 | 10:06:00
Radisson Hotel Group plans to strengthen its already impressive presence in Africa. The Group has ambitious plans to reach 150 hotels and 25,000 rooms within the next five years across the continent, making Africa a key region for growth.
8 African countries kick-start free trade with 96 products.
02-11-2022 | 09:44:21
Eight countries have commenced guided trading under African Continental Free Trade Area (AfCFTA).
African Business Roundtable et Afreximbank concluent un séminaire sur la préparation des investisseurs
14-10-2022 | 16:10:00
L'African Business Roundtable (ABR), la principale association africaine de chefs d'entreprise et de dirigeants d'entreprise à l'échelle du continent, a conclu son cours de maître en ligne gratuit destiné à la communauté des affaires et visant à améliorer les compétences en matière de préparation de projets afin d'attirer l'intérêt des investisseurs.
[Egypt] Revenue-based financing platform FlapKap closes $3.6M seed round
13-10-2022 | 13:07:00
FlapKap, the first tech-enabled revenue-based financing platform in the MENA region, revolutionising e-commerce growth has close of its $3.6M seed round.
African Business Roundtable, Afreximbank conclude masterclass webinar for investor preparation
13-10-2022 | 12:55:00
The African Business Roundtable (ABR), Africa’s foremost and continent-wide association of business and business leaders has concluded its free-to-attend webinar masterclass directed at the business community and with the purpose of sharpening project preparation skills to attract investor interest.
Mastercard and Nclude partner to accelerate Egypt’s fintech ecosystem and boost financial inclusion
11-10-2022 | 12:50:39
The announcement builds on Mastercard’s commitment to supporting the government’s efforts and favorable regulations aimed at transforming Egypt into a digital, financially inclusive society by harnessing the power of technology.
Pitch AgriHack 2022 announced Six youth technology innovators in Africa as winners
22-09-2022 | 12:18:00
Six youth technology innovators in Africa’s agriculture and food sectors win cash prizes in Pitch AgriHack 2022.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
20-09-2022 | 10:28:00
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
20-09-2022 | 10:13:00
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
Corner shops are faring well against big box stores in emerging markets, report
19-09-2022 | 15:09:00
Corner shops are doing better than predicted despite protracted supply chain issues and big-box and online retail competitors. This is according to a new report released by Flourish.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
19-09-2022 | 13:04:00
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque africaine d'import-export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
19-09-2022 | 11:58:00
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
African Association of Automotive Manufacturers to explore Cameroon's opportunities in the automotive industry
19-09-2022 | 10:54:26
German Association of the Automotive Industry (VDA), the AAAM - African Association of Automotive Manufacturers visited automotive stakeholders in Cameroon to explore more opportunities and partnerships.
EBRD and donors support electric transport provider in Egypt
15-09-2022 | 09:09:56
The EBRD and donors are enabling Abou Ghaly Motors (AGM), a leading transport provider in Egypt, to purchase 250 range-extended electric vehicles (REEVs) for its taxi services, in a boost for the development of the country’s e-mobility sector.
New office for Vodafone Intelligent Solutions (VOIS) in Egypt’s Alexandria city.
14-09-2022 | 13:55:51
The opening of the new office underpins Egypt as an attractive investment destination for multinational companies such as Vodafone, which is keen to expand its global delivery business in Egypt.
South Korea’s KHNP wins $2.25B Egyptian Nuclear Contract
12-09-2022 | 11:40:00
Korea Hydro & Nuclear Power (KHNP) – subsidiary of South Korea’s state-owned utility, the Korea Electric Power Corporation – has won a contract to the tune of $2.25 billion whereby the company will provide buildings and components for Egypt’s first-ever nuclear power plant.
Amethis and Edmond de Rothschild Private Equity complete final close of Amethis MENA II on target at EUR 120mn
12-09-2022 | 09:25:23
AMF II is the second fund of the Amethis franchise focused on the MENA region, its fifth fund in total, and targets majority and minority investments ranging from EUR 5-15mn in fast-growing small-to-medium sized enterprises in Morocco, Egypt, Tunisia and Jordan
GlobalCorp launched “Ollin for Lifestyle Finance” in the Egyptian Market
12-09-2022 | 09:13:49
GlobalCorp a leading non-banking financial institution in Egypt, announced the launch of its new B2C platform for lifestyle financing under the brand name ‘Ollin’.
Gennecs plans USD 150 Mn vaccine factory in Egypt
07-09-2022 | 10:36:30
Gennvax Featured on global economics reflecting how this national project will change the African market and position Egypt as a major player within the vaccines landscape map
GLOBELEQ partners with government of Egypt to develop a large-scale Green Hydrogen Project
05-09-2022 | 11:04:00
Globeleq has signed a MoU with the New and Renewable Energy Authority (NREA), the General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt for Investment and Development (TSFE), and the Egyptian Electricity Transmission Company (EETC), to jointly develop a large-scale green hydrogen facility within the Suez Canal Economic Zone.
The President of Egypt Abdel Fattah el-Sisi meets Eni CEO Claudio Descalzi
01-09-2022 | 10:26:00
The main issues addressed were the production of natural gas and LNG export, areas in which Egypt has acquired a central role in the Mediterranean since Eni’s discovery of Zohr. The company is committed to supporting gas production increase.
Orascom Construction earns multiple top global ENR 2022 rankings
29-08-2022 | 09:23:00
Orascom Construction PLC announced that it has been highly featured in several rankings published by Engineering News Record (ENR), one of the world’s leading global engineering and construction publications.
ArabyAds secured US$30 million for MENA expansion
25-08-2022 | 12:04:56
ArabyAds raises US$30 Million in Pre-Series B funding round from AfricInvest Maghreb Private Equity Fund IV; eyes global expansion
Telecom Egypt and Orange Jordan sign collaboration agreement to serve Iraq
22-08-2022 | 08:49:01
Telecom Egypt announces the signature of a strategic collaboration agreement with Orange Jordan to create a highly reliable terrestrial system connecting Iraq to Europe through Jordanian and Egyptian territories.
Telecom Egypt signs a national roaming agreement with Orange Egypt
19-08-2022 | 11:05:31
The five-year agreement, which extends until the end of 2027, will ensure that Telecom Egypt continues to provide high-quality voice and data mobile network coverage to its customers nation-wide.
Four Seasons expands in Egypt with addition of three luxury hotel and residential projects
19-08-2022 | 10:53:47
Four Seasons Hotel and Private Residences New Cairo Capital at Madinaty and Four Seasons Hotel Luxor will be introduced in Egypt through this upcoming phase of strategic growth, further building upon the latest multi-million dollar property enhancements.
AUC Venture lab named best accelerator program in Africa
18-08-2022 | 22:59:46
The Venture Lab at The American University in Cairo (AUC) was recognized as the Best Accelerator in Africa at the inaugural Global Startup Awards (GSA) Africa summit, which was held in Cape Town, South Africa in June.
The International Trade Centre (ITC) brings Tunisian textiles firms to Egypt to boost regional trade
16-08-2022 | 18:44:31
In the first business-to-business mission since the pandemic, the International Trade Centre brought together 10 Tunisian and 26 Egyptian companies, to talk about businesses and explore opportunities for regional trade.
Orascom Construction adds USD 1.8 Billion to its backlog in Q2 2022
15-08-2022 | 12:43:00
Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announced that it has added USD 1.8 billion of new awards to its backlog in Q2 2022. This reflects an increase of 55% y-o-y and brings total new awards in H1 2022 to USD 2.4 billion.
Chimera to buy 56% from Egyptian company Belton Financial
15-08-2022 | 12:39:11
UAE-based investment firm Chimera Investments LLC announced the completion of a majority stake acquisition in Egyptian financial services company Beltone Financial Holding.
PayTabs Egypt partners with savings platform Waffarha to introduce digital payment solutions
12-08-2022 | 12:02:39
PayTabs Egypt, MENA’s award-winning payment processing powerhouse, announced its partnership with digital savings platform Waffarha.
Chimera Investment LLC acquires a controlling stake in Egypt-based Beltone Financial Holding
10-08-2022 | 11:00:13
Chimera Investment LLC, a leading Abu Dhabi-based private investment firm managing a diversified portfolio of local and international investments, announced the acquisition of a majority stake in Beltone Financial Holding SAE (“Beltone”).
CairoHouse signs partnership agreements with CCC and CHROME to develop Al Tahrir Complex
10-08-2022 | 10:45:38
In line with Egypt’s vision CairoHouse signed a number of partnership agreements to start the development and rehabilitation process of Al Tahrir Complex building to transform it to an iconic hospitality destination in the heart of Cairo with a total investment of more than USD 200 million.
[Egypt] Convertedin raises $3mln to transform data-led marketing
10-08-2022 | 10:34:00
Convertedin, a marketing operating system for e-commerce brands, has announced it has raised a $3 mn seed round from global and regional investors.
[Egypt] Huawei Technologies, ITIDA sign MoU to launch “Huawei Spark Program”
08-08-2022 | 15:50:00
Huawei Technologies has signed a memorandum of understanding (MoU) in conjunction with The Information Technology Industry Development Agency (ITIDA) to launch Huawei “Spark” program.
[Egypt] Contact signs cooperation protocol with OneOrder
08-08-2022 | 15:45:53
Contact Factoring, a Subsidiary of Contact Financial Holding a leading non-banking financial services company in Egypt, signed an agreement worth 125 million Egyptian pounds with OneOrder, an online one-stop shop that provides food supplies to hotels, restaurants and cafes.
[Column] NJ Ayuk: The role of Algeria, Egypt and Nigeria in Africa’s search for European gas market share
05-08-2022 | 10:51:00
This search has drawn attention to a number of African gas projects that are likely to help Europe in the future, particularly as the EU looks to make a permanent shift away from dependence on Russian gas.
Orange Egypt selects Nokia to modernize its network
04-08-2022 | 09:36:49
Nokia today announced that Orange Egypt has opted to modernize its existing Nokia SDM solution to support the operator’s subscriber growth over the next five years.
CBK grants authority to Egypt's Banque Misr to establish a representative office in Kenya
03-08-2022 | 09:10:00
The Central Bank of Kenya (CBK) has granted authority to Egypt's Banque Misr to establish a Representative Office in Kenya by the name Banque Misr – S.A.E.– Kenya Representative Office.
Consumers in Egypt embrace Mastercard digital payments
02-08-2022 | 22:34:00
Adoption of a broader range of digital payment methods is accelerating in Egypt and the technology fueling the future of payments is already here according to Mastercard’s New Payment Index 2022.
CoinMENA extends crypto services to Egypt
02-08-2022 | 11:02:21
Users in Egypt can now open accounts on the platform and access all its services, including connecting their bank accounts to their CoinMENA wallets, allowing them to deposit and withdraw funds directly and safely.
SDX spuds MSD-27 infill development well in the West Gharib concession onshore Egypt
02-08-2022 | 10:15:00
SDX Energy, the EMEA-focused energy company, announced the spudding of the MSD-27 infill development well at the Meseda Field, West Gharib concession in Egypt, where SDX has a 50% working interest.
TotalEnergies partners with ADNOC for fuel distribution in Egypt
01-08-2022 | 14:38:00
The partnership between TotalEnergies and ADNOC has been further strengthened following the signing by ADNOC Distribution of an agreement to acquire a 50% stake in TotalEnergies Marketing Egypt LLC for a consideration of approximately $200 million.
[Egypt] Fashion e-commerce startup The Fashion Kingdom raises $2.6 Million in seed funding
28-07-2022 | 14:20:00
The company was founded in 2020 and launched an eCommerce platform that helps local and international merchants grow their online sales using their curated marketplace.
EFG Hermes successfully concludes advisory on Orascom Development Egypt’s flagship project
25-07-2022 | 08:55:00
Orascom Development Egypt (ODE) has signed EGP 1.5 billion facility agreement with Commercial International Bank (CIB) to finance the construction of the launched phases at its flagship development Whyte.
Egypt begins construction of its first nuclear power plant
25-07-2022 | 07:42:00
This is the first nuclear power plant in the country and will consist of 4 units with a generating capacity equivalent to 1200 MW per unit using generation III+ VVER-1200 reactors (pressurized water reactors).
HSBC wins Euromoney award as Egypt’s Best Bank for ESG
20-07-2022 | 11:20:00
HSBC has been named Best Bank for Environmental, Social and Governance (ESG) in Egypt at the Euromoney Awards for Excellence 2022.
Telda receives final approval from The Central Bank of Egypt to launch Telda card and app
20-07-2022 | 11:07:00
The Central Bank of Egypt has officially granted Telda the final approval to start operating its card and application in the Egyptian market, in a stride to fulfill financial inclusion and digital transformation goals as envisioned by the Central Bank of Egypt.
[Egypt] AfDB approves USD 271 million for the Food Security and economic resilience support program
19-07-2022 | 17:27:41
The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to support efforts to mitigate the impact of the global shocks on the domestic economy from the Russia-Ukraine conflict and to preserve resilience.
Afreximbank's Amr Kamel appointed Chairman of the Board of Directors of the Arab International Bank
17-07-2022 | 20:08:57
African Export-Import Bank (Afreximbank) is delighted to announce the appointment of its Executive Vice President, Mr. Amr Kamel, as Chairman of the Board of Directors of the Arab International Bank.
Rotana grows footprint in Egypt with opening of Luxor Rotana
15-07-2022 | 11:46:00
Rotana, one of the leading hotel management companies in the region with over 100 properties across the Middle East, Africa, Eastern Europe and Turkey, today announced the signing of the management agreement for the Luxor Rotana.
Baker Hughes partners with Petrosafe to reduce emissions from flaring operations in Egypt
12-07-2022 | 12:32:29
Baker Hughes and Petrosafe, a subsidiary of the Egyptian General Petroleum Corporation (EGPC), announced a contract that will mark the first deployment of Baker Hughes’ flare.IQ technology in refinery operations in Egypt.
Egypt's AASTMT partners with RobotLAB to launch first AI lab in the MENA region
12-07-2022 | 09:56:00
Egypt's Arab Academy for Science, Technology & Maritime Transport (AASTMT) and RobotLAB, the educational robotics company, announced a partnership to build an Artificial Intelligence (AI) and robotics lab on the campus.
EIB, Banque Misr strengthen cooperation to support SMEs and sustainable financing in Egypt
11-07-2022 | 13:35:00
The European Investment Bank (EIB) and Banque Misr have partnered to enhance cooperation to further strengthen support for SME lending and increase financing for companies in Egypt.
Afreximbank signs an MoU with FCI and the American University in Cairo
11-07-2022 | 11:31:50
Afreximbank signs an MoU with FCI and the American University in Cairo for the delivery of the Certificate of Trade Finance in Africa Programme
GlobalCorp launches “Ollin for Lifestyle Finance” in the Egyptian Market
11-07-2022 | 08:10:00
GlobalCorp a leading non-banking financial institution in Egypt, announces the launch of its new B2C platform for lifestyle financing under the brand name ‘Ollin’.
Honeywell joins City Possible network pioneered by Mastercard
06-07-2022 | 16:53:43
Honeywell announced it is joining City Possible, the ecosystem pioneered by Mastercard that brings cities, companies and communities in the Middle East together to identify common challenges and develop solutions that advance inclusive and sustainable urban development.
CBS approves banking licenses of Banque Misr and Ziraat Katilim to operate in Somalia
06-07-2022 | 10:00:00
The Central Bank Of Somalia (CBS), announced it has given approval to Egypt’s Banque Misr and Turkiye’s Ziraat Katilim to establish and operate branches in the country, after fulfilling all bank licensing requirements of the CBS.
CGG awarded industry-first 3D OBN Nile delta imaging contract by bp in Egypt
06-07-2022 | 09:12:00
CGG has been awarded a project by bp and JV Partner Pharaonic Petroleum Co for the 3D seismic imaging of the first OBN survey ever conducted in the Nile delta covering the Atoll and Atoll North fields in Egypt.
Amazon Egypt launches valU's BNPL services for consumers to avail convenient installment plans
05-07-2022 | 13:04:00
Amazon Egypt (amazon.eg) is introducing installment plans through valU, the BNPL lifestyle-enabling fintech platform in MENA, to enhance its shopping experience and provide customers in Egypt flexible and affordable payment options.
MNT-Halan announced its wholly owned subsidiary
04-07-2022 | 10:37:25
MNT-Halan closes us c.$150 million securitized bond issuance as part of a us $600 million program
Egypt’s Banque Misr ensures banking business continuity and digital employee engagement
01-07-2022 | 12:40:00
Banque Misr, one of Egypt’s largest banks, announced a digital transformation partnership with global technology company SAP in support of Egypt Vision 2030, for business continuity and employee engagement during and post-COVID-19 era.
Baker McKenzie welcomes new partners including in MENA
01-07-2022 | 12:33:15
Leading global law firm Baker McKenzie has welcomed 116 new partners to the Firm in the year to 30 June 2022, an increase of 22% from the previous year, demonstrating clear and growing confidence in the continued success of the Firm.
National Bank of Egypt boosts Afreximbank’s general capital increase
01-07-2022 | 12:20:00
Afreximbank has announced the decision of the National Bank of Egypt (NBE) to participate in its General Capital Increase, making a total investment of US$326.6 million, of which US$130.6 million have been paid-in.
[Egypt] SDX spuds MSD-23 well, commences production from MSD-24 well at West Gharib
29-06-2022 | 08:55:00
SDX Energy, the MENA-focused energy company, announced the spudding of the MSD-23 infill development well at the Meseda Field, West Gharib concession, Egypt.
IFC and Egyptians for health care services partner to develop large medical hub in Egypt
29-06-2022 | 08:09:50
IFC partnered with private healthcare developer Egyptians for Health Care Services (EHCS) to support the construction and operation of CapitalMed, a sprawling medical hub on the outskirts of Cairo that will improve healthcare services in the country.
National Bank of Egypt opens its first branch in South Sudan
28-06-2022 | 11:50:00
The National Bank of Egypt today opens its first branch in Juba, South Sudan with a capital of $30m.
BP awarded new offshore exploration block in Egypt
28-06-2022 | 11:45:41
Oil major BP has today announced that it has been awarded an offshore exploration block in Egypt following its successful participation in last year’s limited bid round organised by the Egyptian Natural Gas Holding Company.
Egyptian fintech MNT-Halan acquires e-Commerce platform Talabeyah
27-06-2022 | 15:32:00
Egyptian fintech MNT-Halan announced the acquisition of Talabeyah, a B2B e-Commerce platform that offers FMCG supplies directly to small merchants, retailers, and soon, consumers, meeting all their requirements with next-day delivery.
Egypt, EU and Israel sign agreement to export natural gas to Europe
27-06-2022 | 14:33:00
Egypt, EU and Israel signed on Wednesday in Cairo a framework agreement to export natural gas from Israel via Egypt to Europe.
[Egypt] “MOUNT PR” signs MoU with “Rowad 2030” project
27-06-2022 | 10:59:00
“MOUNT PR” signed a MoU with “Rowad 2030”, a project of the Ministry of Planning and Economic Development, to support start-up companies and entrepreneurs through “Start-up Clinics”.
Etisalat Egypt announces “etisalat by e&” as new brand identity to reflect recent Group positioning
27-06-2022 | 10:43:00
Etisalat Egypt is building on the strong start of e&’s transformation journey to become a global technology and investment conglomerate that accelerates digital transformation while empowering societies.
TBHF empowers more than 500 women through its readymade factory and vocational centre in Egypt
27-06-2022 | 10:18:55
The Big Heart Foundation (TBHF) has delivered better socio-economic outcomes and improved the quality of life of more than 500 women while also indirectly benefitting more than 2,300 individuals through a women-empowerment project it established in 2019 in rural Upper Egypt.
Saudi Alfanar global development to invest SAR 2bln in Egypt
27-06-2022 | 09:43:37
Saudi Alfanar global development to invest SAR 2bln in Egypt with the focus on localization of technology for renewable energy, and implementation of IT projects, digital solutions, data centers and cybersecurity